Скачать или смотреть Cheyenne's housing market is heating up

Affordable housing costs, a lack of inventory and Wyoming’s tax structure are contributing to create a seller’s market for Cheyenne, Wyoming homes, according to members of Cheyenne, Wyoming's real estate and lending industries.

Buck Wilson, president of the Cheyenne Board of Realtors, said the prices for homes in Cheyenne, Wyoming make them very attractive to out-of-state buyers.

Wilson, of No. 1 Properties, and Larry Gardner of ReMax both pointed to the lack of inventory in Cheyenne, Wyoming as one reason for the sellers housing market. In 2009, there were 750 active listings in Cheyenne’s housing market, a number that has dropped to 250.

Wyoming’s lack of state income taxes and its conservative political climate also make Cheyenne attractive to buyers, Gardner said.

Mike Williams, manager of Jonah Bank’s Cheyenne branch, said the city is not facing a housing bubble, but some action might have to be taken to keep housing affordable.